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1928 E 18th Ave 1,897 SF Office Building Denver, CO 80206 $749,000 ($394.83/SF) 5.65% Cap Rate

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EXECUTIVE SUMMARY

PRICE REDUCED!
This historical building was built in 1908, as a residential home. It was converted to a
commercial office building, prior to the early 1980s, when it was purchased by the current owner.The facility consists of 2,302 sq. ft. on a 2,700 sq. ft. (0.062 acre) lot per Assessor’s site. The
lot includes fencing, and signage. The building contains 6 offices and 2 bathrooms, with lots of storage space.
Parking includes spaces, with ample 2-hour client parking across the street.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,897 SF
Building Class
B
Year Built
1908
Price
$749,000
Price Per SF
$394.83
Cap Rate
5.65%
NOI
$42,347
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,170 SF
Slab To Slab
9’
Building FAR
0.73
Lot Size
0.06 AC
Zoning
G-RO-3 - G-RO-3, Property Type: Commercial-Office

AMENITIES

  • Storage Space
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2355-17-027
Land Assessment
$66,960
Improvements Assessment
$129,620
Total Assessment
$196,580
  • Listing ID: 34674469

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 1928 E 18th Ave, Denver, CO 80206

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